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143.050 Bond for payment -- Court action on unpaid bond.

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143.050 Bond for payment -- Court action on unpaid bond. (1) Any taxpayer charged with the filing of reports and payment of the tax imposed by this chapter may be required to post a cash or corporate surety bond in an amount to <br>be determined by the department. (2) The Commonwealth may bring an action for a restraining order, temporary or permanent injunction to restrain or enjoin the operation of a taxpayer's business <br>until the bond is posted. Such action may be brought in the Franklin Circuit Court <br>or in the Circuit Court having jurisdiction of the taxpayer. Effective: June 20, 2005 <br>History: Amended 2005 Ky. Acts ch. 85, sec. 541, effective June 20, 2005. -- Created 1972 Ky. Acts ch. 62, Pt. II, sec. 5.